Associated costs – read the fine print
It’s easy to get carried away when you’ve spotted a great rate. But be cautious. The devil is always in the detail. A headline rate will not necessarily reflect the true cost to you. Before signing on the dotted line, do your sums. Remember to consider all of the associated costs when buying a property, such as advice, arrangement fees, legal costs and stamp duty. Together, these can amount to a fairly sizeable chunk.
The last thing you need when signing up to the largest financial commitment you’re likely to make, is a costly surprise further down the line. Once we’ve sourced the most suitable mortgage for you, we can help with all the application paperwork and will give you a clear breakdown of costs.
Some lenders will dangle carrots, such as free valuations; free legal costs or they may waive arrangement fees. If these incentives are important to you, we can factor them into our search to find your ideal mortgage partner.
Costs associated with the mortgage
Costs associated with the property
Your home may be repossessed if you do not keep up repayments on your mortgage.
We charge a fee of £250 per mortgage in all cases and will receive commission from the lender. We also offer a fee only option of 1% of the mortgage amount with the commission rebated to you which is usually £500.